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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Comment by Experiencedon Feb 17, 2023 11:57am
174 Views
Post# 35292215

RE:RE:RE:RE:The French being the French?

RE:RE:RE:RE:The French being the French?Yes many companies have been known to make bad decisions.

In the case of Total, their situation is more complicated due to influence/involvement of the French Government.  When politicians are involved in business decision-making, the usual outcome is a bad decision or at best a confusing one.

The other factor is that big companies in Europe are often held ransom by the EU technocrats in Brussels who have a long record of making dumb decisions and implementing silly rules.  I recall back in the 80s a close friend who was involved in international affairs was talking about the Common Agricultural Policy whose acronym was CAP.  My friend referred to it as the Common Albatross Policy...lol
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